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GOLD Weekly Technical Outlook 22-28 February, 2016 | February 21, 2016



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Gold has started bullish movement again. It has established bullish momentum. But at this moment, this pair has found some resistance. So this pair should fall now. It has touched a downward trend line. We can expect falling on gold from this trend line.


1128 level can be sell level for gold. Stop loss will be above the trend line. Take profit should be 150-500 pips. If any big bearish candle forms on monday, then we can extend our target for sell on gold.


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